Some consumers who buy coverage on the health insurance marketplaces in 2017 could see their out-of-pocket costs drop significantly under a federal proposal to create standardized plans, .
The government wants to create at the bronze, silver and gold metal levels, each with standard deductibles, maximum out-of-pocket spending limits and copayments or coinsurance for various services. In addition, primary care and specialist doctor visits and prescription drugs would not be subject to the deductible in the standard silver- and gold-level plans. Consumers in those plans would generally make a flat copayment for those services from the beginning, such as $30 for a primary care visit, instead of owing the entire amount until they meet their deductible for the year.
The change is part of the government鈥檚 that sets out the benefit standards for plans sold on the health insurance marketplaces in 2017.
Because insurers wouldn鈥檛 be required to offer standardized plans under the government鈥檚 proposal, it鈥檚 unclear whether the new plans would be widely available or if they would carry significantly higher premiums than聽other marketplace offerings.
The change could benefit people who have few health care expenses as well as those with pricey medical conditions who usually meet their annual out-of-pocket spending limit, said Caroline Pearson, a senior vice president at Avalere.
With a typical silver plan deductible of nearly $3,000 this year, a relatively healthy person may pay hundreds of dollars monthly in premiums, yet still owe the entire bill for most medical services he receives during the year, except for preventive care, which is covered for free.
If the deductible doesn鈥檛 apply to some services, 鈥減eople feel like they鈥檙e getting a benefit from their insurance,鈥� Pearson said.
This year, two-thirds of silver plans sold on the marketplaces covered primary care visits before the deductible is met, similar to the proposed standard plans, the Avalere analysis found. But for other services, coverage before this point was much less routine. Only a third of silver plans covered specialist visits before the deductible was reached, while the cost of generic drugs was subject to the deductible in half of plans, and three-quarters of plans required enrollees to pay off their deductible before the plan paid for specialty drugs.
Silver plans are the most popular plans on the marketplace.
鈥淲e oppose this type of standardized benefit,鈥� said Clare Krusing, a spokesperson for America鈥檚 Health Insurance Plans, a trade group. 鈥淚f consumers only see a one-size-fits-all product, how is that providing them with the tailored coverage they want and need?鈥�
The final regulation is expected within the next month, Pearson said.
Please to send comments or ideas for future topics for the Insuring Your Health column.